China is now Apple's top foreign market

China is now Apple's biggest market outside the U.S. In today's earnings report, Apple said that revenue from the Greater China region was $16.8 billion, ahead of Europe, which came in at $12.2 billion. The United States is still the company's biggest region with $21.3 billion in sales. Last quarter, Apple boasted of doubling its Chinese revenues year over year, and said that over 70% of iPhone buyers in China were first-time buyers, meaning the market was not close to saturated yet.  Last...-> read more
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